Netsmart Technologies Signs $1.2 Million Contract With Sweetser
October 21 2005 - 9:00AM
PR Newswire (US)
Multi-Faceted Behavioral and Mental Health Organization Will
Utilize Netsmart's Avatar Suite of Software and Professional
Services GREAT RIVER, N.Y., Oct. 21 /PRNewswire-FirstCall/ --
Netsmart Technologies, Inc. (NASDAQ:NTST), a leading supplier of
enterprise-wide software for health and human services
organizations, today announced that it has been awarded a
$1,200,000 software and services contract by Sweetser, Maine's most
comprehensive behavioral and mental health provider. The contract
includes licensed software, professional services and a one year
maintenance agreement for Netsmart's broad-based Avatar suite of
health and human services software. Sweetser will utilize Avatar's
wide variety of clinical and management capabilities, including
practice management, managed care, Web-based electronic
prescriptions, electronic health record and a newly-developed
mobile solution. "Netsmart's solutions will enable us to streamline
our billing, clinical and business management processes, and move
proactively toward implementing electronic health records for our
more than 20,000 clients," said Matt Mulligan, senior director of
Health Information Services for Sweetser. "We selected Netsmart as
our strategic partner after a thorough needs assessment and
exhaustive look at the capabilities of many behavioral healthcare
software providers." Based in Saco and with facilities spanning the
state, Sweetser is Maine's longest-established child welfare and
mental health organization. In 2000, Sweetser, a private,
non-profit, non-sectarian organization, merged with The Family
Institute of Maine and Shoreline Community Mental Health Services,
two of Maine's most respected mental health agencies. Today,
Sweetser addresses emotional disturbances, mental illnesses,
behavioral disorders and learning disabilities through an array of
educational programs, preventative services, community-support
services and residential homes. James Gargiulo, Netsmart's
executive vice president of clients and solutions, said, "We're
pleased to be selected by Sweetser as their trusted partner to help
provide a comprehensive range of behavioral and mental health
services to a wide geographical area. Our scalable suite of
solutions is designed to provide a solid foundation for Sweetser as
they serve consumers with a wide variety of needs now and far into
the future." About Netsmart Technologies, Inc. Netsmart
Technologies, Inc., based in Great River, N.Y., is an established,
leading supplier of enterprise-wide software solutions for health
and human services providers, now with over 1250 clients, including
30 systems with state agencies. Netsmart's clients include health
and human services organizations, public health agencies, mental
health and substance abuse clinics, psychiatric hospitals, and
managed care organizations. Netsmart's products are full-featured
information systems that operate on a variety of operating systems,
hardware platforms, and mobile devices, and offer unlimited
scalability. Statement on Behalf of Netsmart Technologies, Inc.
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and probably will, differ materially from
what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above and those
risks discussed from time to time in Netsmart's filings with the
Securities and Exchange Commission. In addition, such statements
could be affected by risks and uncertainties related to product
demand, market and customer acceptance, competition, pricing and
development difficulties, as well as general industry and market
conditions and growth rates, and general economic conditions. Any
forward-looking statements speak only as of the date on which they
are made, and the company does not undertake any obligation to
update any forward-looking statement to reflect events or
circumstances after the date of this release. Information on
Netsmart's website does not constitute a part of this release.
DATASOURCE: Netsmart Technologies, Inc. CONTACT: Dave Kishler,
Netsmart Technologies, +1-614-764-0143, Ext. 7252, ; or Stu Fine,
Carpe DM, Inc., +1-908-490-0075, Web site:
http://www.netsmartech.com/
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